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What $500,000 buys you across the country.

Taken from the National postFebruary 17.

In late December, the Canadian Real Estate Association predicted that the national average price for a home will be $391,000 in 2014. But it’s hard to compare how far your buck will go in Canadian cities using that figure, since the average prices are so very different: $785,574 in Vancouver and $320,693 in Montreal, for instance. So we took a round figure in the middle and surveyed what approximately $500,000 could have bought homebuyers in various markets across the country in January.

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SASKATOONThe place Two-storey, four bedrooms, four bathroomsList price $504,900Square footage 3,975Where Premium Stonebridge location in the south end of the city. New development full of young families, close to shopping, parks and leisure facilities. Quick access to freeway means downtown is only a short drive away.Top features Former show home with hardwood floors, kitchen island and walk-in pantry, central air, central vac, four bathrooms, main-floor laundry and a fully finished basement. Open concept.Taxes $3,975Monthly Fees N/AContact Listed by Manning Luo, Re/Max Saskatoon

OTTAWAThe place Two-storey single-family home with four bedrooms and four bathroomsList price $499,900Square footage 3,200Where In the east-end suburb of Orleans, separated by a 20- to 25-minute highway drive from downtown. This home is a short walk to shopping, cafés, parks, schools and public transit.Top features Classic crown moulding and hardwood floors run throughout the main level of this Naismith model by Minto. Open-concept kitchen/family room, curved hardwood staircase, two ensuite bathrooms and three walk-in closets. The backyard is fully fenced with no rear neighbours.Taxes $4,879Monthly Fees N/AContact Jason Pilon, Keller Williams Ottawa Realty

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REGINAThe place Two-storey, three bedrooms and three bathroomsList price $519,900Square footage 2,090Where Situated in a well-established, well-treed neighbourhood in southeast Regina, close to schools, parks and shopping. Only a few minutes drive from downtown. Backing on to green space.Top features Many updates and upgrades, including a modern, eat-in kitchen with granite countertops, and heated slate flooring through the kitchen, dining area and hallway. A garden door leads to the deck overlooking the landscaped yard with patio, pond and flower beds.Taxes $3,263Monthly Fees N/AContact Leanne Tourney, Re/Max Joyce Tourney Realty

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EDMONTONThe place Two-and-a-half storey, three-bedroom show home, with double detached garage and 2.5 bathsList price $499,900Square footage 1,901Where Late stage of an established development in city’s southeast, south of the ring road. Forty minutes to downtown, 10 minutes to the airport, and five minutes to a residents-only recreational lake.Top features Loft-den, bonus room with Juliet balcony, hardwood, gas fireplace, all appliances, deck and landscaping. As a bonus, all the furnishings are included. HOA fee includes access to a 32-acre freshwater lake with sandy beach, dock, tennis courts and all-season clubhouse.Taxes $3,400Monthly fees $300Contact Madeline Sarafinchin, Jayman Realty

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MONTREALThe place Four-bedroom bungalow with two bathsList price $492,500Square footage 1,442Where The Beaurepaire area of Beaconsfield, a western suburb of Montreal. Not far from Lac St. Louis and a commuter train station.Top features Bright living room with wood fireplace, opening to dining area. Fully renovated three years ago, with spacious and modern kitchen with granite countertops. Unique south-facing den adjacent to master bedroom. Fenced yard with new salt-water pool. Extra-large basement family room with fourth bedroom, laundry room and workshop.Taxes $4,746Monthly Fees N/AContact G. Shepherd Abbey, Abbey & Olivier Real Estate Agency

VANCOUVERThe place A one-bedroom, one-bathroom condo in The GraftonList price $483,000Square footage 850Where Situated in a prime Yaletown neighbourhood in the heart of downtown, with trendy eateries, entertainment, sports venues and shopping on the doorstep, as well as the seawall and myriad transportation options.Top features A New York-style home that merges original heritage features — exposedbrickwork and wood beams — with a modern open-concept interior. Hardwood floors, expansive windows, a gas fireplace, a custom kitchen, a storage locker and a parking stall.Taxes $2,000Monthly fees $431Contact Faith Wilson at Faith Wilson Group

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